Maker DAO is a decentralized autonomous organization on the Ethereum blockchain seeking to minimize the price volatility of its own stable token Dai against the IMF’s currency basket SDR. It's token, MKR is a speculative Ethereum based asset that backs the value of the dai, a stable price stable coin issued on Ethereum. Maker earns a continuous fee on all outstanding dai in return for governing the system and taking on the risk of bailouts. Maker’s income is funnelled to MKR owners through BuyBack program (Buy&Burn).

Market share

0.19%

Proof type

—

24h Open

$447.80

24h Low

$428.53

24h High

$448.16

Price in BTC

0.12078002869376 BTC

Current Supply

1,000,000 MKR

Total Supply

1,000,000 MKR

Market cap

$431,030,112

24h Volume (coin)

11 MKR

24h Volume (currency)

$4,855

Last updated

2019-01-21 22:55:37 +00:00 GMT

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